Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) Short Interest Update

Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 2,022 shares, a growth of 578.5% from the August 31st total of 298 shares. Based on an average daily volume of 12,659 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Pacer Trendpilot 100 ETF

Several large investors have recently modified their holdings of the stock. Concurrent Investment Advisors LLC increased its stake in Pacer Trendpilot 100 ETF by 0.7% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 28,926 shares of the company’s stock valued at $2,564,000 after purchasing an additional 193 shares in the last quarter. XML Financial LLC lifted its stake in shares of Pacer Trendpilot 100 ETF by 1.9% in the fourth quarter. XML Financial LLC now owns 10,911 shares of the company’s stock worth $858,000 after buying an additional 200 shares in the last quarter. Western Wealth Management LLC lifted its stake in shares of Pacer Trendpilot 100 ETF by 0.8% in the first quarter. Western Wealth Management LLC now owns 44,571 shares of the company’s stock worth $3,252,000 after buying an additional 363 shares in the last quarter. HBW Advisory Services LLC grew its holdings in shares of Pacer Trendpilot 100 ETF by 12.0% during the first quarter. HBW Advisory Services LLC now owns 3,932 shares of the company’s stock valued at $287,000 after buying an additional 421 shares during the last quarter. Finally, Motiv8 Investments LLC purchased a new stake in shares of Pacer Trendpilot 100 ETF during the fourth quarter valued at approximately $35,000.

Pacer Trendpilot 100 ETF Price Performance

PTNQ stock traded up $0.43 on Friday, reaching $89.85. 16,276 shares of the company traded hands, compared to its average volume of 35,987. The firm has a fifty day simple moving average of $85.98 and a 200-day simple moving average of $83.55. The company has a market cap of $1.29 billion, a P/E ratio of 33.04 and a beta of 0.66. Pacer Trendpilot 100 ETF has a one year low of $71.56 and a one year high of $90.22.

Pacer Trendpilot 100 ETF Company Profile

The Pacer Trendpilot 100 ETF (PTNQ) is an exchange-traded fund that is based on the Pacer NASDAQ-100 Trendpilot index. The fund tracks an index that holds the NASDAQ-100 securities and/or 3-month US T-bills according to momentum. PTNQ was launched on Jun 11, 2015 and is managed by Pacer.